Industry Headlines: Page 64

'Descheduling Would Not Be Utopia'

Shane Pennington of Porter Wright Morris & Arthur addresses some of the biggest questions and concerns surrounding cannabis rescheduling, including the role of the FDA and Big Pharma.

New York Bipartisan Lawmakers Call on Governor to Sign ‘Cannabis Crop Rescue Act’ as 250,000 Pounds Sit to Rot

The state Legislature passed a bill in June aiming to allow tribal nations to purchase supply from distressed cannabis farmers.

Federal Judge Blocks Arkansas’ Delta-8 THC Ban

The ruling stems from a lawsuit filed by four cannabis businesses claiming that the law violates the U.S. Constitution.

Oklahoma AG: Lax Cannabis Laws Created ‘Environment Ripe for Exploitation’

The state’s attorney general penned a column urging continued enforcement action on the unregulated market.

California Senate Approves Legislation to Create Cannabis Cafes

Assemblyman Matt Haney’s bill now heads back to the Assembly for a concurrence vote before it potentially lands on Gov. Gavin Newsom’s desk.

New Hampshire Cannabis Association Surveys Farmers About Cultivation Opportunities

The industry organization is gauging agricultural professionals’ interest in participating in an adult-use cannabis market, should one be legalized in the Granite State.

WATCH NOW: New Jersey Cannabis Regulatory Commission Meeting

Commissioners will consider adult-use cannabis business applications and other agenda items.

Cresco Labs Launches First-Ever Cannabis Advertisements on Spotify

The company began advertising its national retail brand, Sunnyside, on the world’s most popular audio streaming subscription service.

Lucy Scientific Acquires High Times Intellectual Property, Including Existing Licensing Agreements in All-Stock Transaction

The transaction includes international and domestic rights of the brand High Times, Cannabis Cup and 420.com brands, and its respective domain names.

US Congressman Introduces Bill to Withhold Federal Funding from States, Tribes with Adult-Use Cannabis Programs

Rep. Chuck Edwards’ Stop Pot Act would withhold 10% of federal highway funds for governments with laws permitting non-medical cannabis use.

Maryland Regulators Release Eligibility Requirements for Social Equity Applicants

The Office of Social Equity established the criteria for social equity applicants for the upcoming fall 2023 cannabis license application period.

Teamsters, Green Thumb Industries Ratify Contracts in Illinois

The agreements come at RISE dispensary locations in Joliet and Niles, where a strike occurred earlier this year.

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